SUNeVision Holdings Ltd.'s (HKG:1686) P/E Is On The Mark
Dec 29
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Hong Kong (HSI) IT Industry Analysis
UpdatedJan 07, 2026
DataAggregated Company Financials
Companies36
- 7D-0.9%
- 3M-16.5%
- 1Y3.7%
- YTD-1.9%
The IT is pretty flat in the last 7 days, but SUNeVision Holdings has stood out, gaining 4.4%. The past year has been better, since the industry has gained 10% in that time. As for the next few years, earnings are expected to grow by 34% per annum.
Industry Valuation and Performance
Has the Hong Kong IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 07 Jan 2026 | HK$88.4b | HK$64.8b | HK$1.7b | 20.7x | 51.7x | 1.4x |
| Fri, 05 Dec 2025 | HK$79.0b | HK$63.9b | HK$1.9b | 20.9x | 42.2x | 1.2x |
| Sun, 02 Nov 2025 | HK$83.8b | HK$63.5b | HK$1.9b | 24.5x | 44.6x | 1.3x |
| Tue, 30 Sep 2025 | HK$87.9b | HK$63.6b | HK$1.9b | 25.9x | 46.7x | 1.4x |
| Thu, 28 Aug 2025 | HK$88.6b | HK$61.7b | HK$930.1m | 27.1x | 95.3x | 1.4x |
| Sat, 26 Jul 2025 | HK$86.3b | HK$61.0b | HK$246.0m | 25.7x | 350.7x | 1.4x |
| Mon, 23 Jun 2025 | HK$82.3b | HK$61.5b | HK$353.4m | 14.4x | 233x | 1.3x |
| Wed, 21 May 2025 | HK$96.1b | HK$61.0b | HK$349.6m | 13.2x | 274.9x | 1.6x |
| Fri, 18 Apr 2025 | HK$82.3b | HK$60.0b | HK$355.5m | 12.4x | 231.4x | 1.4x |
| Sun, 16 Mar 2025 | HK$82.5b | HK$60.2b | -HK$978,037,581.63 | 17.7x | -84.3x | 1.4x |
| Tue, 11 Feb 2025 | HK$67.0b | HK$59.7b | -HK$1,017,620,290.49 | 14.8x | -65.9x | 1.1x |
| Thu, 09 Jan 2025 | HK$57.7b | HK$59.4b | -HK$1,009,452,491.84 | 14.1x | -57.1x | 1x |
| Sat, 07 Dec 2024 | HK$57.9b | HK$59.9b | -HK$1,025,138,156.47 | 15.4x | -56.5x | 1x |
| Mon, 04 Nov 2024 | HK$54.6b | HK$61.1b | -HK$770,268,536.17 | 17.6x | -70.9x | 0.9x |
| Wed, 02 Oct 2024 | HK$52.8b | HK$61.2b | -HK$834,283,698.89 | 15.6x | -63.3x | 0.9x |
| Fri, 30 Aug 2024 | HK$47.0b | HK$60.3b | -HK$1,529,622,231.20 | 13.6x | -30.7x | 0.8x |
| Sun, 28 Jul 2024 | HK$48.4b | HK$59.7b | -HK$1,278,764,802.37 | 12.2x | -37.9x | 0.8x |
| Tue, 25 Jun 2024 | HK$47.1b | HK$59.3b | -HK$1,291,748,860.94 | 13.4x | -36.5x | 0.8x |
| Thu, 23 May 2024 | HK$48.4b | HK$58.3b | -HK$1,328,162,678.95 | 14.2x | -36.4x | 0.8x |
| Sat, 20 Apr 2024 | HK$43.1b | HK$58.4b | -HK$1,328,428,612.68 | 12.9x | -32.4x | 0.7x |
| Mon, 18 Mar 2024 | HK$45.4b | HK$58.8b | HK$1.2b | 9.8x | 39.2x | 0.8x |
| Wed, 14 Feb 2024 | HK$43.2b | HK$58.6b | HK$1.2b | 10.4x | 36.2x | 0.7x |
| Fri, 12 Jan 2024 | HK$48.3b | HK$59.8b | HK$1.1b | 10.3x | 44.5x | 0.8x |
| Sun, 10 Dec 2023 | HK$54.0b | HK$60.2b | HK$1.1b | 12x | 48.7x | 0.9x |
| Tue, 07 Nov 2023 | HK$56.1b | HK$59.5b | HK$1.1b | 11.2x | 51.5x | 0.9x |
| Thu, 05 Oct 2023 | HK$55.9b | HK$59.0b | HK$997.7m | 11.6x | 56x | 0.9x |
| Sat, 02 Sep 2023 | HK$56.4b | HK$57.5b | HK$896.0m | 11.5x | 62.9x | 1x |
| Mon, 31 Jul 2023 | HK$56.5b | HK$58.1b | HK$2.0b | 12.1x | 27.6x | 1x |
| Wed, 28 Jun 2023 | HK$52.0b | HK$57.6b | HK$2.0b | 10.2x | 26x | 0.9x |
| Fri, 26 May 2023 | HK$50.8b | HK$58.8b | HK$2.0b | 9.9x | 25x | 0.9x |
| Sun, 23 Apr 2023 | HK$52.8b | HK$57.6b | HK$1.9b | 11.2x | 27.3x | 0.9x |
| Tue, 21 Mar 2023 | HK$53.6b | HK$60.9b | HK$3.0b | 10.9x | 18x | 0.9x |
| Thu, 16 Feb 2023 | HK$124.2b | HK$74.8b | HK$4.9b | 11.1x | 25.1x | 1.7x |
| Sat, 14 Jan 2023 | HK$127.9b | HK$75.3b | HK$5.0b | 11.1x | 25.7x | 1.7x |
Price to Earnings Ratio
25.7x
Current Industry PE
- Investors are optimistic on the Hong Kong IT industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 52.0x which is higher than its 3-year average PE of 40.4x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 30% per year over the last three years,
- Revenues have also declined 4.9% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Tech industry?
| HK Market | 2.14% | |
| Tech | 2.42% | |
| IT | -0.93% | |
| Internet Services and Infrastructure | 4.84% | |
| Data Processing Services | 2.31% | |
| IT Consulting | -2.84% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 23.2x.
- Analysts are expecting annual earnings growth of 49.4%, which is higher than its past year's earnings decline of 11.4% per year.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 49% over the next 5 years.
- This is better than its past earnings decline of 11% per year.
- In contrast, the Internet Services and Infrastructure industry is expected to see its earnings grow by 16% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1686 SUNeVision Holdings | HK$4.80 | 4.3% +HK$816.2m | 21.8% | PE20x | |
| 354 Chinasoft International | HK$5.19 | 4.4% +HK$549.9m | 11.6% | PE21.5x | |
| 1782 International Business Digital Technology | HK$4.08 | 10.3% +HK$304.0m | 3.0% | PS28.2x | |
| 2436 LX Technology Group | HK$5.00 | 9.9% +HK$159.0m | 35.9% | PS0.6x | |
| 861 Digital China Holdings | HK$2.71 | 2.3% +HK$100.4m | -12.9% | PS0.2x |
